Enrad Balance Sheet Health
Financial Health criteria checks 6/6
Enrad has a total shareholder equity of SEK22.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK34.3M and SEK12.3M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr2.97m |
Equity | kr22.03m |
Total liabilities | kr12.31m |
Total assets | kr34.34m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ENRAD's short term assets (SEK25.8M) exceed its short term liabilities (SEK12.3M).
Long Term Liabilities: ENRAD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ENRAD is debt free.
Reducing Debt: ENRAD has no debt compared to 5 years ago when its debt to equity ratio was 31.4%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ENRAD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ENRAD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.4% per year.